Acquisition BenefitsThe acquisition of Heinz Italia’s baby and specialty food unit is viewed positively as it strengthens the group’s positioning in a resilient business with a positive momentum.
Financial PerformanceThe EUR 120M deal values the target at attractive multiples, making it accretive to NewPrinces, given the target’s resilient growth and higher margins.
Strategic GrowthThe deal aligns with NewPrinces’ growth strategy to improve its position in branded, resilient, high-margin food categories and consolidates its leadership in Italy and Europe.